Latest news with #PiralDadhania
Business Insider
03-07-2025
- Business
- Business Insider
RBC Capital Sticks to Their Hold Rating for Moncler S.p.A. (0QII)
RBC Capital analyst Piral Dadhania maintained a Hold rating on Moncler S.p.A. on July 1 and set a price target of €60.00. The company's shares closed last Tuesday at €49.57. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Dadhania is an analyst with an average return of -5.3% and a 36.22% success rate. Dadhania covers the Consumer Cyclical sector, focusing on stocks such as adidas AG, Kering SA, and EssilorLuxottica SA. In addition to RBC Capital, Moncler S.p.A. also received a Hold from UBS's Susy Tibaldi in a report issued on June 30. However, on June 24, Citi maintained a Buy rating on Moncler S.p.A. (LSE: 0QII). 0QII market cap is currently €13.38B and has a P/E ratio of 20.97. Based on the recent corporate insider activity of 114 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0QII in relation to earlier this year.
Business Insider
03-07-2025
- Business
- Business Insider
RBC Capital Sticks to Its Hold Rating for Pandora A/S (0NQC)
RBC Capital analyst Piral Dadhania maintained a Hold rating on Pandora A/S on July 1 and set a price target of DKK1,100.00. The company's shares closed last Tuesday at DKK1,095.36. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Dadhania covers the Consumer Cyclical sector, focusing on stocks such as adidas AG, Kering SA, and EssilorLuxottica SA. According to TipRanks, Dadhania has an average return of -5.3% and a 36.22% success rate on recommended stocks. In addition to RBC Capital, Pandora A/S also received a Hold from Danske Bank's Andre Thormann in a report issued on June 19. However, on June 25, Citi maintained a Buy rating on Pandora A/S (LSE: 0NQC). The company has a one-year high of DKK1,414.50 and a one-year low of DKK806.00. Currently, Pandora A/S has an average volume of 70.95K.
Business Insider
27-06-2025
- Business
- Business Insider
RBC Capital Reaffirms Their Hold Rating on Nike (NKE)
RBC Capital analyst Piral Dadhania maintained a Hold rating on Nike (NKE – Research Report) today and set a price target of $65.00. The company's shares closed today at $62.54. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Dadhania is an analyst with an average return of -5.7% and a 36.07% success rate. Dadhania covers the Consumer Cyclical sector, focusing on stocks such as Kering SA, adidas AG, and LVMH Moet Hennessy Louis Vuitton. In addition to RBC Capital, Nike also received a Hold from TD Cowen's John Kernan in a report issued yesterday. However, on June 24, Evercore ISI maintained a Buy rating on Nike (NYSE: NKE). Based on Nike's latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $11.27 billion and a net profit of $794 million. In comparison, last year the company earned a revenue of $12.43 billion and had a net profit of $1.17 billion
Yahoo
21-05-2025
- Business
- Yahoo
RBC Lowers NIKE (NKE) Price Target to $65, Cites Inventory Concerns
On May 20, RBC Capital analyst Piral Dadhania lowered his price target for NIKE, Inc. (NYSE:NKE) from $66 to $65, while maintaining a Sector Perform rating on the company's shares. The adjustment was made in light of the athletic apparel giant's ongoing efforts to manage excess inventory and prepare for the upcoming Autumn/Winter 2025 Running product launch. TonyV3112 / According to Dadhania, NIKE, Inc. (NYSE:NKE) is at a crucial point in its history—the "heavy lifting stage" of inventory clean-up. This assessment is supported by the company's strides in creating a more efficient executive governance structure, as evidenced by the recent changes to its Senior Leadership Team. That said, the analyst remained cautious about the company's risk/reward profile in anticipation of NIKE's fiscal year 2025 earnings. In that regard, Dadhania noted a number of worries, including exposure to tariff-related headwinds, the possible drag from ongoing clearance efforts, and general macroeconomic uncertainty. RBC Capital predicts that a more favorable situation might materialize in the second half of fiscal year 2026, after inventory levels stabilize and revenue growth starts to pick up speed. While we acknowledge the potential of NKE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NKE and that has 100x upside potential, check out our report about the cheapest AI stock. Read Next: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
03-04-2025
- Business
- Wall Street Journal
Sporting-Goods Stocks Tumble After Trump Unveils Tariffs on Key Manufacturers
Shares in sporting-goods companies plunged after President Trump unveiled new U.S. tariffs on foreign imports that target countries where the industry has key manufacturing hubs. Stocks of German players Adidas and Puma PUM -8.01%decrease; red down pointing triangle dropped 10% and 8.9%, respectively, in European morning trading, while shares in U.K. retailer JD Sports JD -4.85%decrease; red down pointing triangle fell 5.5%. Shares in Nike were 9.2% lower in pre-market trading. The levies announced overnight are harsher than expected, especially for Southeast Asian countries with higher exposure to sporting goods, RBC Capital Markets analyst Piral Dadhania said in a note to clients. Trump announced the latest round of duties he plans to implement in countries that he says treat the U.S. unfairly. These include 46% on Vietnam, 49% on Cambodia, 36% on Thailand, 32% on Indonesia, 48% on Laos, and 34% additional tariffs on China–on top of the already announced 20%. Other key trading partners for the U.S. that are subject to tariffs include Switzerland, the E.U. and the U.K. The impact could be worse than anticipated, as nearly all footwear sold in the U.S. is imported, UBS analysts wrote in a research note. The duties will be a concern for many brands that have shifted manufacturing from China to Vietnam in recent years. The growing role of the latter in footwear manufacturing as well as its meaningful contribution to U.S. footwear imports mean the tariffs represent a headwind to the sector that companies might not be able to fully offset, UBS analysts said. Only a portion of the cost increases will likely be passed through to consumers, analysts at UBS said. They say that in order to fully mitigate the hit to Vietnam, companies would have to increase prices by between 10% and 12%. Puma and Nike will likely suffer more relative to Adidas, due to their exposure to the U.S. and their sourcing, RBC's Dadhania said. Write to Andrea Figueras at
